Companies · Computers

ExoTech Ltd

HAMILTON · Computers

Diligence memoA one-page analyst read on ExoTech Ltd — recommendation, valuation, rhythm, risks.
$3.8M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 37%
Sector rank · raised
Seed
Latest stage · inferred · Thu Jan 26 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

ExoTech Ltd looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the software/compute sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.18× the median modeled value of Seed Computers companies in 2022–2024 (41 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.4 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Computers

ExoTech Ltd is one of 1371 Computers companies tracked from HAMILTON. By capital raised it ranks mid-pack (ahead of 64% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 504
Reg D exemption
14
Investors (latest)
2018
Year incorporated
2023-01-26
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2020-07-29 Raised $1.4M (real) Modeled valuation $57M (est)$1.4M$57MSeed2020Seed · 2020-07-29 Raised $2.1M (real) Modeled valuation $83M (est)$2.1M$83MSeed2020Seed · 2022-04-04 Raised $1.4M (real) Modeled valuation $24M (est)$1.4M$24MSeed2022Pre-Seed · 2022-04-04 Raised $316K (real) Modeled valuation $5.9M (est)$316K$5.9MPre-Seed2022Seed · 2023-01-26 Raised $222K (real) Modeled valuation $2.5M (est)$222K$2.5MSeed2023+$2.1M+$1.4M+$316K+$222KCumulative $5.5M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.4M · 2020
Seed extension$2.1M · 2020
Seed extension$1.4M · 2022
Bridge · Seed-stage$316K · 2022smaller follow-on
Seed extension$222K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$2.5M
Base estimate est.
$200K
Conservative case
$9.8M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Seed · modeled $56.7M · 2020-07-292020Seed · modeled $82.9M · 2020-07-29Seed · modeled $24.0M · 2022-04-04Pre-Seed · modeled $5.9M · 2022-04-04Seed · modeled $2.5M · 2023-01-262023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$1.5M/yr
Capital velocity
5.9 yr
On record since
2020
First round
5
Rounds on file
How it compares to the market

Benchmarked against 1371 companies in Computers. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.0× above median
This company$3.8M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$222K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$2.5M
Sector median$33.0M

Raised more than 64% of sector peers (real $). Modeled value above 8% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #38 of 41.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Konfer, Inc. · Seed Raised $3.2M · modeled $60.2M (est)Rigor Technologies Inc · Seed Raised $3.0M · modeled $50.0M (est)Third Time Entertainment, Inc · Seed Raised $2.5M · modeled $46.7M (est)Drifting in Space Corp · Seed Raised $2.6M · modeled $44.9M (est)K16 Solutions, Inc. · Seed Raised $8.6M · modeled $34.1M (est)AG1, Inc. · Seed Raised $5.0M · modeled $28.4M (est)Status Commerce Inc. · Seed Raised $1.5M · modeled $27.1M (est)Zelar Soft, LLC · Seed Raised $3.0M · modeled $25.0M (est)ShotQuality Inc. · Seed Raised $1.7M · modeled $24.4M (est)AlphaMiner Labs, LLC · Seed Raised $2.0M · modeled $22.4M (est)Exafluence, Inc. · Seed Raised $2.0M · modeled $22.2M (est)Leaderboard Golf, Inc. · Seed Raised $2.3M · modeled $20.6M (est)ExoTech Ltd (this company) Raised $3.8M · modeled $2.5M (est)ExoTech Ltd
CompanyStageRaised · realValue · estvs peer med.
Konfer, Inc.Seed$3.2M$60.2M4.44×
Rigor Technologies IncSeed$3.0M$50.0M3.69×
Third Time Entertainment, IncSeed$2.5M$46.7M3.44×
Drifting in Space CorpSeed$2.6M$44.9M3.31×
K16 Solutions, Inc.Seed$8.6M$34.1M2.51×
AG1, Inc.Seed$5.0M$28.4M2.09×
Status Commerce Inc.Seed$1.5M$27.1M2.00×
Zelar Soft, LLCSeed$3.0M$25.0M1.84×
ShotQuality Inc.Seed$1.7M$24.4M1.80×
AlphaMiner Labs, LLCSeed$2.0M$22.4M1.65×
Exafluence, Inc.Seed$2.0M$22.2M1.64×
Leaderboard Golf, Inc.Seed$2.3M$20.6M1.52×
ExoTech Ltd this companySeed$3.8M$2.5M0.18×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.4M2020-07-29$7.2M$56.7M90%
Seed$2.1M2020-07-29$10.5M$82.9M90%
Seed$1.4M2022-04-04$7.1M$24.0M90%
Pre-Seed$316K2022-04-04$1.8M$5.9M90%
Seed$222K2023-01-26$1.1M$2.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.4M2020-07-29
    • First recorded raise — entered as Seed.
    • 64 investors on this round.
  2. Seed$2.1M2020-07-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 65 investors on this round.
  3. Seed$1.4M2022-04-04
    • Raised again after 20 mo — slower than the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 51 investors on this round.
  4. Pre-Seed$316K2022-04-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.5× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  5. Seed$222K2023-01-26
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 14 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~7mo cadence
$222K
Modeled next size est.range $222K$356K
0.7×
Last step-up
$1.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Carlton1 other2020-07
Bruce Rigney2023-01
Duncan McNair2020-07
Jeff Buhrt2023-01
Peter Warren2020-07
Shawn Denning2023-01
Shirley Corriveau2023-01
Susan Bennick2023-01
Registry & provenance

ExoTech Ltd is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1888605
SEC CIK
2018
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Skeema IncComputersSeed$3.8M$6.7Msame sector · same stage
DealerStar Inc.ComputersSeed$4.0M$8.0Msame sector · same stage
Envel, Inc.ComputersSeed$4.0M$4.9Msame sector · same stage
iCompute AI LLCComputersSeed$4.0M$9.6Msame sector · same stage
Basic6, Inc.ComputersSeed$4.1M$8.2Msame sector · same stage
Millhouse 1889 LLCComputersSeed$3.4M$6.7Msame sector · same stage
LicenseStream, Inc.ComputersSeed$4.3M$9.1Msame sector · same stage
Atomic Object LLCComputersSeed$4.3M$1.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Exaptive, Inc.ComputersSeed$49.0M87%
Exadel, Inc.ComputersSeed$17.5M86%
EXOsecure, Inc.ComputersPre-Seed$44.4M86%
Exafluence, Inc.ComputersSeed$22.2M86%
Extropolis Corp.ComputersPre-Seed$8.0M84%
Enso International Inc.ComputersSeries A$273.3M82%
Osterhout Group, Inc.ComputersSeries C$2.2B80%
enChoice, Inc.ComputersSeries A$165.9M80%
Frequently asked
How much funding has ExoTech Ltd raised?
ExoTech Ltd has raised approximately $3.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is ExoTech Ltd's estimated valuation?
Provath's modeled valuation for ExoTech Ltd is approximately $2.5M (modeled range $200K–$9.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ExoTech Ltd at?
ExoTech Ltd's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Jan 26.
What does ExoTech Ltd do and where is it based?
ExoTech Ltd operates in the Computers sector, based in HAMILTON.
Explore related

See where ExoTech Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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